Specific Industry Coverages
Loss control and risk management steps The following risk management controls can help companies avoid losses due to cyber attacks such as viruses, hackers, Trojan horses, malware, denial of service, extortion, errors & ommissions in delivering tech services and, intellectual
What may not be covered in your Cyber Liability policy Cyber Liability policy forms may or may not cover the following types of identity theft: Pfishing Attacks Pfishers send emails that highjack the names of trusted companies like banks, credit
Analyzing your insurance needs When analyzing a Cyber Liability policy for adequacy, the following specific risks may or may not be covered: Errors & Omissions resulting in economic damages (needed for accounts that perform cyber-related professional services for a fee)
Getting the most bang out of your insurance buck A client called the other day to let me know he was going on a business trip, and asked whether or not he should buy the rental car company’s Physical Damage
Small businesses perform most of the professional services within the U.S. economy. As a result, they have the greatest need for Professional Liability (Errors and Omissions Liability) insurance. The major problem with small businesses obtaining small business insurance is affordability.